Abstract

Talent management (TM) is one of the most popular themes in contemporary human resource management (HRM). TM is often defined as the systematic attraction, identification, development, engagement/retention, and deployment of talents (e.g., CIPD, 2006; Scullion, Collings, & Caligiuri, 2010). In practice, TM has gained popularity, mainly because of a growing awareness that human resources (employees) can be seen as the source of competitive advantage of an organization in the current knowledge intensive economy (Boxall & Purcell, 2016). Several societal developments such as globalization, technological developments (e.g., automation and robotization), and demographic developments (an aging population) have an effect on the demand for and availability of talent on the labor market.